Expecting Gold to rally down to close the middle value gap, and depending on how the fandamentals play, it might continue going down afterwards
OANDA:XAGUSD LOOKKKKK! break the symterical triangle at weekly,next years will be silver's year.
our first target got hit ... we need to wait a clean close below 26.264 if we want to keep going down .
Simple rule for me: Trade what you see, not what you want the market to do. And right now, I see the price at the lower boundary of an ascending channel, which is a good buy setup in my opinion.
Gold and silver were sharply lower overnight. While not as violent as last week’s drop, the sell-off has certainly taken the gloss off the positive sentiment which was slowly returning in the latter half of last week. There was some good news early on in that gold traded above $2,300 throughout the morning suggesting that many investors were holding their nerves....
Good day traders, I am sharing my idea for a quick gold short. I am taking this trade based on my double EMA indicators with Stochastic as confirmation. here are the details another trade alert friends XAUUSD sell now @ 2294 tp @ 2290 sl @ 2306 good luck
WTI, Potential long entry on retest of h4 support zone.
XAUUSD - 1H - Bearish Trade Plan Bearish Divergence Break of previous HL Instant Entry Sell - 1939.78 SL - 1953.61 TP 1 - 1925.94 TP 2 - 1912.10 LOT: 0.14 (2%)
For market to move, it needs liquidity in terms of supply and demand as well as sell/buy stops. When market is in your POI, ask yourself the following: LOOK LEFT, Has price taken liquidity ON THE WAY TO POI? LOOK NOW, Has price GENERATED liquidity ON THE WAY TO POI? LOOK LEFT+NOW, Has price GENERATED liquidity BOTH? If YES = Price will respect...
watch it enjoy i took this trade full breakdown video please watch live trade for today done
Federal Reserve Meeting and Gold Price Outlook - The Federal Reserve is holding its two-day meeting starting today Tuesday and will conclude on Wednesday. Most market participants expect the Fed to maintain its current interest rates. The CME's FedWatch tool shows a 94.6% chance that rates will stay steady and a 5.4% chance of a 0.25% rate cut, which would bring...
Silver and Gold have changed technical to bearish. Silver still shows high LONG for COT data but it did a Choch on 4Hr and producing LL. I dissect a short potential trade on Silver for 13RR with -2R which is still a net +11RR. Gold had a nice set up for short due to Liquidity Sweep on the L and retraced to 50% premium and had a Choch on smaller 5/15 min TF....
XAGUSD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
I see bounces from the same resistance line - But no large breakthroughs. To me, a strong sign of support at the fibonacci line of ~1684.32. The next strong resistances I expect are around ~1834.88 and ~2078.25 respectively (~1834.88 would be a decent ~8.9% profit margin to sell if I wanted to play it safe.). We could be in for a new ATH pump if we see a...
XAGUSD chart is printing down trend continuation with bearish flag pattern.
going over the overnight session ES looking for clues as to how to trade the morning session. always know where you'll get out if you're wrong.